Ojas Backs Tyfone

Tyfone Inc., a provider of infrastructure for bank-branded mobile banking, mobile contactless payments and mobile retail merchant relationship services, has raised an undisclosed amount of VC funding from Ojas Venture Partners. The company has a U.S. headquarters in Portland, Ore., and an Asian headquarters in Bangalore, India.

PRESS RELEASE

Tyfone, Inc., a developer of a software and hardware platform for bank-branded, mobile banking, mobile contactless payments and retail merchant services, today announced the completion of a financing round led by Ojas Venture Partners, an India-based venture capital firm specializing in technology start-ups. The terms of the financing were not disclosed.

Tyfone will use the investment to scale its three areas of business